Management

A corporate reorganization at Accor pushes some power away from corporate headquarters and leaves the Paris-based hotel company without four of its top executives, according to an internal memo sent this week by the company’s CEO Sebastien Bazin…
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A desk with an ocean view, a "dedicated" personal assistant, non-stop refreshments and a complimentary laundry service.
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With even less certainty about future performance than normal, hoteliers are changing how they prepare a budget as they get ready for 2021.
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Hoteliers might be able to upsell pandemic-related services as add-ons to position hotels in an attractive light and at lower prices while maintaining healthy margins above costs.
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The hotel next door is pricing their rooms faster than you and it’s eating your profits without you ever even noticing.  Faster yield management software and real time pricing is like a secret weapon for revenue managers…
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The emergence of COVID-19 has turned everyone’s expectations on their heads. Revenue managers, hotel owners and operators who previously expected steady or growing demand for 2020 have a much less predictable future ahead of them now…
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The unofficial definition of Revenue Management used by insiders is ‘the art of turning away business’…
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The Skift Health Score ranked Booking Holdings as the overall leader in August among 100 public travel companies but the entire travel industry faces grave uncertainties…
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Radisson Hotel Group has officially announced the rebranding of its existing Park Inn hotel at London Heathrow airport, splitting the property into two hotels under its Radisson and Radisson Red brands…
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With even less certainty about future performance than normal, hoteliers are changing how they prepare a budget as they get ready for 2021.
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Data shows most rooms-division workers have received pay raises, averaging around 4%.
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The latest P&L data from STR shows that U.S. hotel profitability picked up in July as more segments started to record positive performance.
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For the first time since February, U.S. hotel gross operating profit per available room (GOPPAR) was positive, according to STR's July 2020 monthly P&L report.
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One of the buzzwords of the past few months has been ‘pivot’. The ability to change focus and make the most of the realities of COVID-19 has forced people to look at what they were doing and adapt to a situation like no-other…
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Due to lingering travel restrictions and the massive hit coronavirus has had on businesses, many of the UAE’s hotels could still remain closed or operate at minimum capacity further into the year, according to a report by Cavendish Maxwell…
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Despite a challenging first half of the year for the global hospitality industry, hotel giant Accor has signed 14 new properties in Europe during the last six months.
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IHG released its interim half-year results last week, which showed a $6.6-billion total gross-revenue decline, representing a 52-per-cent decrease.
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UK: Figures published today by the Office for National Statistics [ONS] have shown that the hospitality sector was hit worse than any other sector by the Covid-19 pandemic, which coincides with the UK falling into recession for the first time since…
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The British government’s two-week quarantine for travelers returning from Spain threatens further disaster for Spain’s hotel industry, which is already suffering from the effects of the COVID-19 pandemic…
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The unofficial definition of Revenue Management used by insiders is ‘the art of turning away business’…
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